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Financial planning

22 Mar

‘Traditional’ adviser numbers to dwindle, says Jo-Anne Bloch

The number of so-called “traditional” financial planners will decrease, with real growth to be seen in the risk specialist space, says Mercer advice head Jo-Anne Bloch....

Financial planning

22 Mar

Deceased practices seen as ‘slim pickings’

If a financial planner dies without a succession plan in place, their spouse is vulnerable to ‘firesale’ offers to buy the practice, according to Pavuk Legal executive pr...

People & Products

22 Mar

MLC appoints Jonathan Armitage as CIO

Jonathan Armitage has been appointed chief investment officer of MLC Investment Management following the departure of Nicky Richards in August last year....

Financial planning

22 Mar

AMP Capital’s Brisbane CBD build

AMP Capital’s investment property offering, the AMP Capital Select Property Portfolio No.3, has begun construction on a new property in the Brisbane CBD....

Financial planning

22 Mar

BNP Paribas increases Australian focus

BNP Paribas Securities Services (BNP Paribas) has moved to strengthen its position in the Australian market by expanding the breadth of its banking capabilities via its f...

Financial planning

22 Mar

State Street ETF goes live on ASX

Trading in State Street Global Advisers' latest exchange-traded fund (ETF) product — the SPDR S&P World ex-Australia — began on the Australian Securities Exchange (ASX) t...

Financial planning

22 Mar

State Street’s new product

State Street Global Advisors (SSgA) has launched a new product – a Global Managed Volatility Alpha strategy....

Financial planning

22 Mar

MYOB launches new app interface

Specialist accounting software provider MYOB has announced the roll-out of an application programming interface (API)....

Superannuation

21 Mar

Little separating SMSF performance from other funds, says fundie

There is very little difference between the average investment performance of SMSFs and APRA-regulated funds, says fund executive....

Superannuation

21 Mar

Govt introduces auto-consolidation Bill

The Government has introduced legislation into Parliament that will require superannuation fund trustess to consolidate multiple accounts that are held by the same member...